DENVER -- Qwest Communications International Inc. (Nasdaq: QWST) today announced that it has reached an agreement with Florida East Coast Railroad for their right-of-way to be used on the recently announced 3,000 mile expansion of the Qwest network with major new routes in the southeastern states, California and Texas. This agreement provides Qwest with an important segment of right-of-way between Jacksonville and Miami. With this agreement, Qwest now has secured approximately 83 percent of the necessary right-of-way to complete its recently announced 3,000 mile expansion, and 91 percent of the total right-of-way necessary to complete the entire 16,000 mile U.S. system.
"This agreement gives Qwest valuable access to key rights-of-way in the southeast." said Bob Woodruff, executive vice president and chief financial officer for Qwest. "Our agreement with Florida East Coast Railroad, one of the premier railroads serving Florida, allows us to continue our strategy to build the Qwest network along railroad rights-of-way."
Qwest Communications International Inc. (Nasdaq: QWST) is a rapidly growing communication services company building a high-capacity, fiber optic technology network for the 21st century. Qwest's 16,000 mile domestic network, connecting 115 cities, will be complete by the second quarter of 1999. Qwest is also extending the network 1,400 miles into Mexico, with completion slated for the third quarter of 1998. Through its cutting-edge technology, Qwest will deliver high-quality voice, data and video connectivity securely and reliably to businesses, consumers and other communications service providers.
|Qwest Media Contact